Shiba Inu Community Shows Determination to Support Spot Ethereum ETFs as Petition Reaches 10000 Signatures
After the successful approval of two ETF products, the crypto community is eagerly anticipating the approval of more crypto-related ETFs. A petition for a SHIB ETF by the Shiba Inu community has garnered 10,000 signatures, signaling strong interest in this product.
As the demand for crypto-related ETFs grows, the price of a Bitcoin ETF token, ETFswap (ETFS), has surged during its ongoing presale. ETFs have become a popular trend in the blockchain industry, with regulatory bodies like the US Securities and Exchange Commission (SEC) approving Spot Ethereum ETFs and Bitcoin ETFs.
ETFSwap (ETFS) is a crypto project built on Ethereum (ETH) that utilizes blockchain technology and asset tokenization to create a tokenized version of exchange-traded funds (ETFs) on the blockchain. This tokenized version will allow investors to trade ETFs like crypto tokens, offering exposure to traditional ETFs as well as crypto-related ones like Spot Bitcoin ETFs and Spot Ethereum ETFs.
Traders will have access to various tools on the platform, such as the ETFswap Screener, to make informed decisions before trading. With features like leverage on derivatives trading and fractional ownership, users can potentially increase their earnings and diversify their portfolios. To access these features, users must purchase ETFS, the platform’s native utility and governance token.
The Shiba Inu community is pushing for the creation of a SHIB ETF by Grayscale Investments following the approval of Spot Ethereum ETFs by the SEC. With 10,000 signatures on a Change.Org petition, the community is rallying for the establishment of this ETF to expand their investment options.
As the Shiba Inu ETF petition gains momentum, ETFSwap (ETFS) has seen a surge in interest from crypto investors. The platform is currently offering ETFS at $0.01831 per coin in its presale round, with the price expected to increase to $0.03846 in the next stage. Investors are hopeful for a significant yield on their investments, with experts speculating a potential increase to $3 per token.
Don’t miss out on the opportunity to join the ETFSwap (ETFS) ecosystem and trade tokenized ETFs for a chance to earn substantial returns on your investment. Visit the ETFSwap Presale website for more information and join the growing ETFSwap community today.